Incentive and choice Teacher Resources
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Students examine positive and negative economic incentives used in their communities. They recognize that incentives encourage people to make choices and analyze several examples. Then they discuss how different people react differently to an incentive.
Students identify positive and negative economic incentives in their community and determine the purpose for these incentives. They brainstorm to create a new economic incentive that will help community, explain what it is, and discuss whether they think the incentive will influence people's behavior.
Students assess both negative and positive incentives associated with credit card use. They identify profit as an economic incentive for banks to offer credit cards.
Learners are rewarded for behavior by the use of a classroom incentive plan that they design themselves.
Students explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development activity, students watch a video from the Nightly Business Report and explore what all it takes to make up a community by relating the case study to their own neighborhood through research of key words and concepts.
Students differentiate between positive and negative employee incentives and develop sets of them for an imaginary business. In pairs, they complete an interactive project for starting a business and supporting it with incentives. They exchange their business plans with other classmates and critique them.
Students identify and determine the difference between positive and negative incentives.
Read through this printable version of a handout discussing Economics and the American Revolution. There are key terms and facts for high schoolers to focus on. This case study illustrates economic principles that remain important today. See the relationship between politics, law, and economics in the study.
Second graders explore financial decision making. In this introductory economics lesson, 2nd graders listen to the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst, and discuss making financial choices based on wants and needs. Students sort cards separating "goods" and "services", and develop savings plans.
After viewing clips from a documentary on factory work in China and US outsourcing, learners have a fishbowl discussion. They work in groups to build both personal points of view and strong arguments on the effects of outsourcing in China. This lesson includes excellent resources and wonderful discussion questions intended to engage learners in building an economic and global perspective of US business overseas.
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish. Vocabulary, mythconceptions, and an optional class activity are included.
Health care is an industry that impacts every American. Study the economics behind the Health care industry in the US with this supplementary presentation. Intended for use with a McGraw-Hill textbook, these slides will help upper graders focus on main points and important concepts from the chapter.
Forty-one pages of economics lecture notes provide an excellent resource to supplement your lessons. This includes explanations and graphics on major principles such as scarcity, supply and demand, production factors, and growth and productivity. There are also a few activities to engage the class. Fairly high quality, with few typographical errors.
Students write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.
Students examine the economic and political challenges the past six presidents have faced during their terms of office, and how those challenges may or may not have impacted their chances for re-election. They create campaign slogans both for and against the presidents researched in class based on the economic and political climate at the time of their elections.
Cost-benefit, green initiatives, global economics, and renewable energy are the topics of this thought-provoking lesson plan. Learners watch the video, NASCAR Goes Green, engage in a circular written discussion, then talk about the green initiative as a targeted market to increase product loyalty and overall profit margarine. Multiple resources, discussion questions, and activities are all included.
Young scholars examine the nonrenewable nature of fossil fuels and energy conservation. They play a memory game that identifies people-powered substitutes for things that use electricity and gas, and estimate cost savings of energy-efficient home appliances.
Learners investigate the economic concepts related to the fall of Enron in order to begin unraveling this complex scandal. They do research in small groups to identify such things as the Securities Exchange Commission.
Fourth graders make "good-economist badges" to learn about producers. In this producers lesson, 4th graders work in groups that represent a country and an economy. They work from activity sheets to make badges, present them, and distribute them according to the given criteria. They discuss economic concepts of goods and services before completing a worksheet as an assessment.
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be allotted, draw a graph of their decision, and justify their choices in front of the class.